A quick look into liquidity providers
Quick Take
- AMM is a logical step in the evolution of decentralized on-chain exchanges.
- Uniswap and SushiSwap each have $4.5B+ of liquidity, which was mainly acquired through incentive programs.
- Curve has a similar amount of liquidity but specializes in stablecoins.
- Liquidity on Curve and SushiSwap is still backed by liquidity mining, which could complicate their existence after the Uniswap v3 launch.
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Author: Igor Igamberdiev
